Research On Audit Risks Of Internet Enterprises

Today's Internet,as the product of a new generation of scientific and technological revolution,is increasingly known and used by the society and the public.With the advancement of technology,more and more Internet enterprises have emerged.Internet enterprises,according to the narrow definition of Internet enterprises,include Internet service providers,Internet service providers,Internet content providers,application service providers,Internet data centers,application infrastructure providers and other terminal layer Internet enterprises.The above types of Internet enterprises jointly create the new era of the Internet enterprise territory.With the booming development of Internet enterprises,the industry standard should be more and more perfect in theory,but the number of announcements issued by the China Securities Regulatory Commission and the exchanges for violations has been increasing.For example,* ST Gao sheng has received six non-compliance penalties since 2018.The penalties announcement shows that there are multiple related party guarantee issues in 2017,but neither the 2017 audit report nor the annual report disclosed this,and there is obviously an audit risk.The particularity of Internet companies has led to the existence of certain research cases.The overall number is relatively small,and they are mostly concentrated on e-commerce and Internet finance.They are faced with high audit risks.Therefore,this article aims to study the audit risk of Internet companies.This article studies the audit of Internet enterprises from the perspective of audit risk.Based on the theoretical model of risk-oriented auditing,the two major areas of major misstatement risk and inspection risk are combined with * ST Gao sheng audit cases to explore the major misstatement risk in the financial reporting layer and the identification layer.And existing inspection risks.Through the study of the audit risks of Internet enterprises,the following conclusions:(1)the risk of material misstatement in the financial statements of Internet enterprises is mainly reflected in the aspects of operation risk,internal control risk and supervision;(2)the risk of material misstatement at the identification level of Internet enterprises is mainly reflected in the key accounting items such as goodwill,operating income and r&d expenses;(3)from the perspective of inspection risks,it is mainly faced with the reasons of not maintaining professional prudence,lack of proper audit procedures,and insufficient ability to evaluate accounting subjects.It requires auditors to maintain professional prudence,optimize audit procedures,understand industry knowledge and have professional competence.The research results of this paper help auditors to identify key audit risk points and easily overlooked risk points when facing Internet companies,improve audit risk prevention awareness and reduce audit risks,and provide valuable audit reference experience for subsequent auditing Internet companies.